Best if you keep a high balance in your account each month!
Best if you keep a lower balance but make frequent purchases!
Whether you want to cash in on debit spending or earn big on balances saved, we’ve got options fit for you.
Based locally, our team has the insights to better understand and serve your needs.
Unlike big banks, we’re not-for-profit. That means we can offer better rates for your benefit!
Keep up with your account spending by using our free checkbook balancing tool.
Meet face-to-face with one of our Nationally Certified Credit Counselors and take control of your financial health.
How do I qualify for Kasasa Cash & Kasasa Cash back benefits?
Qualifying is easy! All you have to do is complete these 4 easy requirements during the monthly qualification cycle:
That’s it! There’s no penalty if you don’t meet your qualifications during the cycle. Plus, you can get right back to earning your rewards the very next month that you qualify.
Learn more about monthly qualification cycles here.
What overdraft options are available?
To protect you in the event of an account overdraft, we offer customers the option of adding our Overdraft Privilege program to their accounts. This elective program provides tiers of protection that you can opt into to cover your expenses should you accidentally overdraft when making a purchase. To learn more about our overdraft options, visit our Overdraft Privilege Program page.
What is Kasasa Saver?
Kasasa Saver is a rewards add-on that can be used alongside your Kasasa Cash or Kasasa Cash Back checking accounts. With no additional qualifications needed, Kasasa Saver helps you earn rewards for completing simple tasks in your account each month, such as logging into your MyPelican account and having at least one direct deposit settle.
Click here to learn more about Kasasa Saver.
As the largest state-chartered credit union in Louisiana, we proudly serve more than 60,000 members nationwide with personalized financial services, resources, and guidance.
Over 750,000 Louisiana residents qualify for membership—are you one of them? If you or a family member meet just one of the following criteria, you qualify for membership!
You also qualify for membership if your immediate family member meets any of the criteria above!
*Accurate as of 10/5/2022 based on results from DepositAccounts.com(Opens in a new Window), an unbiased third party providing one of the most accurate and comprehensive account comparison tools available.
¹Pelican State CU membership is required to open a Kasasa Cash rewards checking account. If you are not a Pelican member, you must be eligible to open a primary savings account with Pelican to become one. The deposit to open a primary savings account starts at a minimum of $10 ($5 to join + $5 minimum balance). A minimum deposit of $25 is required to open Kasasa Cash account. APY = Annual Percentage Yield. APYs accurate as of 1/1/2024. Rates and rewards may change after account is opened. This account is a tiered rate account. When your Kasasa Cash account qualifications are met during a Monthly Qualification Cycle, average daily balances up to and including $20,000 in your Kasasa Cash (tier 1) account earn a dividend rate of 5.89% resulting in an APY of 6.05%; and average daily balances over $20,000 (tier 2) earn a dividend rate of 0.50% on the portion of the average daily balance over $20,000, resulting in a range from 6.05% to 1.43% APY depending on the account's average daily balance. When your Kasasa Cash qualifications are not met, the dividend rate earned on the account's entire average daily balance will be 0.05% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded. APY calculations are based on an assumed balance of $20,000 (tier 1) + $100,000 (tier 2) in your Kasasa Cash account and an assumed statement cycle of thirty-one (31) days. The minimum service requirements include: (1) making 15 debit card point-of-sale purchases (ATM transactions and transfers between accounts do not qualify) that are cleared and posted to your account during the qualification period; (2) having direct deposit, ACH debit or credit, or Bill Pay transaction posted to your Kasasa Cash account; (3) accessing online or mobile banking once during qualification period; and (4) receiving your monthly statement electronically. Transactions may take 1 or more banking days from the date transaction was made to post to and settle account. The qualification period is defined as a period beginning on the last day of the prior calendar month and ending on the next-to-last day of the calendar month. ATM receipt must be presented for reimbursement of ATM fees of $5.00 or higher within 30 days after the statement cycle where the reimbursement was applicable in order to receive a refund. The advertised Kasasa Cash APY is based on compounding dividends. If member has a Kasasa Saver account, dividends earned on Kasasa Cash balances are automatically transferred to Kasasa Saver each statement cycle and do not compound. Actual dividends paid may be less than advertised Kasasa Cash APY. The Kasasa Saver APYs may be less than Kasasa Cash APYs. Not everyone will qualify to open a Kasasa Cash rewards checking account. Pelican reserves the right to limit the number of accounts allowed per member, joint or individually. Federally insured by NCUA. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A.
²APY = Annual Percentage Yield. Balances up to $50,000 in the Kasasa Saver account receive an APY of 1.00% if required service qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle. Balances of $50,000.01 and above receive an APY of 0.80% on the portion of the balance above $50,000 if qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle. As a result, the APY for balances above $50,000 will range from 1.00 - 0.90% if qualifications in the Kasasa Cash or Cash Back account are met each monthly qualification cycle, depending on the balance in the account. If qualifications in the Kasasa Cash or Cash Back account are not met, the APY will be 0.05% on all balances in the Kasasa Saver account. Monthly qualification cycle = last day of the month to the second to the last day of the next month. Monthly statement cycle = first day of the month to the last day of the month. Pelican reserves the right to limit the number of accounts allowed per account owner, joint or individually.